Question - Procurement management
Submitted by eldrin.connery on Thu, 09/23/2010 - 04:48
The contract does not specify how overcharges from the vendor should be handled on a Cost Reimbursable contract. The buyer receives an invoice from the vendor that has questionable charges. The buyer should:
a. Pay the invoice
b. Initiate a claim against the vendor via the claims administration process
c. Consult the legal team for remediation options
d. Cancel the contract for convenience
Forums:
admin
Fri, 09/24/2010 - 08:07
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C- Consult the legal team.
C- Consult the legal team.
raj9
Sun, 10/03/2010 - 17:25
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B
Correct answer is B.
Any disagreement between parties in contract is settled by claims administration process.
Raj
PMP King
Tue, 10/19/2010 - 09:37
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Question - Procurement management
Answer is B. Option C and D is part of B and as per PMBOK it is last option. So initiate claim administration process (infact it is T&T) to resolve the claim conflict.
mgurunath
Tue, 10/19/2010 - 11:50
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My take would be Option A.
My take would be Option A. The "first" step would be to pay.
Rest of the options are steps to be taken after that is done.